The sale of marijuana for recreational is now legal in California, but what does that mean for air travelers who attempt to bring small amounts of marijuana with Continue...Read More
The investigation into possible collusion between Trump presidential campaign and Russia was reportedly begun by a conversation Continue...Read More
Click Here to Listen to the InterviewAs we wrap 2017 and look toward 2018, the topics are:Interest rates, QE and the global bond marketThe accelerating movement toward de-dollarization and risks to the petrodollarHow geo-politics and war are impacted by #2 aboveClick Here to Listen to the InterviewJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in S...Read More
At what point does hyperbole become fake news?Because an article on Axios decrying the ill effects of fake news starts:Donald Trump in one year has done more to discredit and diminish truth, facts and media than any other figure in our lifetime.Oh boy. Where to start? I guess the first thing is first: this is not a defense of Donald Trump. Surely he has tweeted and said many things that can be con...Read More
While bitcoin dominated the headlines of 2017, many altcoins have far surpassed it in terms of gains against the US dollar. Furthermore, fees for transactions on the bitcoin network have increased to three or four dollars' worth of coin a piece, sometimes more. Add to this the fact that the average person can hardly afford more than a few hundredths of a bitcoin or less, and it's not difficult...Read More
Steve St Angelo says that while silver investors have been discouraged about the price lately, the market has gone through major changes. Here's more...by Steve St Angelo of SRSrocco ReportWhile silver investors continue to be discouraged about the low price, the market has experienced a fundamental change that needs to be understood. Ever since governments removed silver from official coinage,...Read More
At what point does hyperbole become fake news?Because an article on Axios decrying the ill effects of fake news starts:Donald Trump in one year has done more to discredit and diminish truth, facts and media than any other figure in our lifetime.Oh boy. Where to start? I guess the first thing is first: this is not a defense of Donald Trump. Surely he has tweeted and said many things that can be con...Read More
Like And Subscribe For More Loud House! Intro Made By SLY Loud For 2018---------------------------------------------------------------------------------------------------------- ?-?TheLynnster: https://www.youtube.com/channel/UCiif...?-?Lola Loud: https://www.youtube.com/channel/UC1Pq...?-?LunaLoudVEVO: https://www.youtube.com/user/ZacharyG...?-?LoudTV: https://www.youtube.com/channel/UCxUZ... ---...Read More
(Adds context, detail from PBOC release)BEIJING, Dec 30 (Reuters) - China's central bank said it will gradually raise the reserve funds ratio of third-party payment firms to 50 percent by April 2018 from a current rate of 20 percent, as it continues to ramp up regulation of the industry. The bank will increase the rate by 10 percentage points a month from February to April, it said in a statement...Read More
BEIJING, Dec 30 (Reuters) - China's central bank said it will gradually raise the reserve funds ratio of third-party payment firms to 50 percent by April 2018 from a current rate of 20 percent. The bank will increase the rate by 10 percentage points a month from February to April, it said in a statement released on its website on Friday evening. It said the move will reduce seasonal risks around C...Read More
TOKYO, Dec 30 (Reuters) - Japan's top government spokesman said it was too early for the country's central bank to exit from ultra-loose monetary policy, the Nikkei newspaper reported on Saturday."The Bank of Japan has just started (its easy monetary policy), so it's too early" to debate an exit from its massive stimulus programme, Chief Cabinet Secretary Yoshihide Suga told the paper in...Read More
BEIJING, Dec 30 (Reuters) - China's securities regulator has approved three initial public offerings to raise a total of up to one billion yuan ($153.70 million), the official Xinhua news agency reported on Saturday.Two of the approved IPOs will be listed on the Shanghai Stock Exchange and one will be listed on the ChiNext at the Shenzhen Stock Exchange, said Xinhua, citing the China Securities Re...Read More
The Dow Jones Industrial Average (DJIA) closed lower today, yet still finished 2017 on a high note by securing monthly and quarterly wins. For the year, the Dow tacked on 25% on its way to 71 record closes and its ninth straight month in the black -- the longest monthly winning streak in 60 years. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also faltered in thin trading today. How...Read More
The consolidation pattern in the $90-$95 area over the past three months by drug stock AbbVie (ABBV) appears very similar to that of June through July (in the $70-$75 area), which was followed by a rapid 30% rally.Reasons to believe the most recent consolidation has been completed include: support that manifested at the 50-day moving average on a pullback earlier this month; ongoing "micro-moves"...Read More
Stocks are trading mixed during the last trading day of the year. A few names making big moves are tech issue Energous Corp (NASDAQ:WATT), biotech Atara Biotherapeutics Inc (NASDAQ:ATRA), and bank stock Goldman Sachs Group Inc (NYSE:GS). Let's see what's moving shares of WATT, ATRA, and GS. WATT Stock Honeymoon Comes to an EndAfter two gigantic up days, Energous stock is trading 15.2% lower at $...Read More
Today we are taking a closer look at volatility -- specifically, what it means when there is an abundance or lack of volatility, as well as the two primary types of volatility each options trader must know. In the simplest terms, volatility is defined as the propensity of the underlying stock's market price to change in either direction... but there's much more to the topic than that. Below, we wi...Read More
by @GoldfingerEarlier in the week I wrote about one of my main themes for 2018, a rising inflation/interest rate environment. In this post I will lay out which sector I believe will do well against a backdrop of rising inflation and rising bond yields (including offering some stock picks), and I will also specify which sectors and asset classes you will want to avoid in 2018. Let's start with wh...Read More
Vehicle components supplier BorgWarner Inc. (NYSE:BWA) this morning received a price-target hike to $52 from $48 at Evercore ISI. However, the shares were last seen trading 1.6% lower at $51.27, and are set to snap a three-month win streak after pulling back from their Nov. 30 record high of $55.86. However, data suggests this recent weakness could be an opportunity to catch long-term outperformer...Read More
Despite its forays into bitcoin, payments platform Square Inc (NYSE:SQ) has struggled to translate that buzz into stock momentum. Still, Square shares have added 154% in 2017, even though they're down 2% today to trade at $34.42. The SQ pullback could be a buying opportunity, however, as it's now within one standard deviation of the 80-day moving average, a trendline that has offered support si...Read More
(Adds details, quotes, context)MOSCOW, Dec 29 (Reuters) - Russian coal and steel producer Mechel said on Friday that talks with banks on restructuring a $1 billion syndicated loan had concluded successfully.Mechel, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, had circulated the final draft of a restructuring proposal among its creditors last week. It need...Read More